Welcome!


Join more than 151,000 members on FunAdvice to ask questions, share advice, photos and make new friends today.
FunAdvice RSS for this page:
Rss_feed

What percent of taxes are taken out of a check weekly?

Asked by meee over 2 years ago, 2 answers.

What % of taxes are taken out of a check weekly when claiming 0

just some guy Answered by demosthenes_and_locke on Oct 08, 2007, 02:29AM
68 answers

Yes it depends on which city and state you live in. But claiming 0 usually takes out about 20-30%. And you should know that even without any children, most people are allowed to claim up to 3. That's what I did and on a paycheck I just recieved that was a $370 gross, they only took $30. so that's about...well definitely less than 10%! The reason you are allowed to claim 3 is that you can claim 1 for being single, 1 for being the head of house hold (this is ok even if you live with your parents, your girlfriend/fiancee, or a roomate because you are still the head of your own household as long as noone else is claiming you. and if your parents are claiming you, they are pretty much making money off of you so you should have them take some money off the rent or something. and you can also claim another 1 for making less than a certain amount per year I think it is. just ask your employer, or any business should have some extra laying around for a tax form and look at all of the options there. the only downside to claiming 3 is that you may end up owing at the end of the year. but I can tell you that I have been claiming 3 for over 10 years and I've just never filed taxes and I've never had any problems. the way I see it, if I ever get a real good paying job or get rich, then I'll get ahold of the IRS myself and pay off whatever I owe. but since I've never been contacted, I have to assume that I have either been breaking even, or maybe they owe me money. I've just always claimed 3 because I've always been poor so I've always needed the money right now. so claiming 0=20-30% 2=10-20% 1=less than 10%. keep in mind I am no tax expert so these figures are not exact but just based on my own experiences. hope it helps you.

1 person thought this was helpful
editor in car 1 Answered by editor on Oct 07, 2007, 10:11PM
8965 answers
Advisor-small

Hi,

In the United States, employers are required to withhold federal income tax, plus one-half of the Social Security tax, and one-half of the Medicare tax. Together, the employer's and employee's shares of the Social Security and Medicare taxes are known as the FICA tax.

In some places, employers may be required to withhold state income tax, or even city income tax. In addition the employer is required to pay State and Federal unemployment tax.

Therefore, it really depends on location.

Answer this Question: "What percent of taxes are taken out of a check weekly?"

Your Answer: HTML is not allowed.


Our members said the answers on this page also answer the following questions:


What percent of taxes are taken out of my check, What percentage of taxes is taken out of my check, Difference between claiming 0 and 1 on taxes, Federal taxes taken out of work check, Claiming 3 on taxes, What is the percent taken out for taxes, Percentage of taxes taken out of paychecks, How to have less taxes taken out, Have more taxes taken out of check, What percent is taken out weekly for taxes if you claim 1?, Percent taken out for taxes, Percentage taxes taken out my check, If i claim 0 on w-4 how much tax is going to be taken out of my check, Percent of federal taxes out of a paycheck for 3 people, How much more taxes by claiming single 0 or married 1, What percent of taxes are taken out of your check

Jobs & Money Photos

12 weeks3 Week Old Kitten37 weeks

Share this question

Copy and paste this code:
It will display on your blog or site like this:
What percent of taxes are taken out of a check weekly?